Evolution Gaming’s NJ Studio Nearly Ready

Jake Banks | 14 Aug 2018

After posting some notable revenue and player traffic increases for the second quarter of 2018, Evolution Gaming has now announced that its upcoming New Jersey live casino studio launch has been confirmed for sometime within the next two months.

The launch will kick off with an initial 10 tables, but there are apparently plenty more steps in Evolution’s growth plans for North America to follow. For H1 of 2018, the company’s operating revenues grew by a whopping 35%, reaching €110m million, while its EBITDA grew to €48 million during the period in review.

Live Blackjack, Baccarat and More

A growing number of customers for Evolution’s casino partners has meant that the software supplier’s revenue figures have continued to grow steadily so far this year. This progress has led to the development of the New Jersey studio; through which the developer has signed new customer deals with Oceans Resort Casino, 888 Holdings, and Resorts Casino Hotel.

The New Jersey studio will reportedly go live by the end of Q3 this year, and as mentioned above, will contain 10 gaming tables to begin with, with room for growth dependent on the new studio’s reception and future sales. The first operators will include Ultimate Texas Hold’em, Blackjack, Baccarat, Three Card Poker, Slingshot Auto Roulette, and Live American Roulette games.

CEO Anticipates Regulatory Changes

Commenting on the developments, Evolution CEO Martin Carlesund has noted that more tables will come to the studio with time, including some dedicated and branded tables for certain exclusive operators. He also noted that Evolution Gaming has been noticing increasing demand for its tables, and they expect over 500 to be operational before the year has ended.

The CEO further added that his company is continuing to deliver on its continuous mission to increase the gap between itself and its closest competitors in the world of live dealer gaming. One way in which the company plans to do this is by properly preparing itself for the upcoming regulatory changes in its home nation of Sweden.

On this note, Carlesund noted that his company is looking forward to tackling the new changes, and that it is also happy to work alongside both current and new Swedish clients to ensure that its operations are above board.